The following information was presented by Gamma Manufacturing Company for an asset purchased the previous year Original cost of the asset 20,000 Useful life of the asset 10 years Cash flow annual operating profit 4,500 Salvage value 0 What is the return on investment (ROI) assuming Gamma (a) uses the straight line method for depreciation and (b) beginning of year net book values to compute ROI (Round your final ansewr to 2 decimal places )

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The following information was presented by Gamma Manufacturing Company for an asset purchased the previous year. Original cost of the asset 20,000 Useful life of

The following information was presented by Gamma Manufacturing Company for an asset purchased the previous year.

Original cost of the asset	20,000
Useful life of the asset	10	years
Cash flow annual operating profit	4,500
Salvage value	0

What is the return on investment (ROI) assuming Gamma (a) uses the straight-line method for depreciation and (b) beginning-of-year net book values to compute ROI? (Round your final ansewr to 2 decimal places.)

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